Reducing rhymes with:
introducing, producing, reintroducing, reproducing, introducing, producing, reintroducing, reproducing, duesing, dusing, inducing, introducing, producing, reintroducing, reproducing, seducing
Reducing sounds like:
rattigan's, redesigning, redskins, redskins', retaking, reticence, retouching, rewatching, rudzinski